Petrol Imports Drop by N2tn as Local Production Improves
June 13, 2025 Nigeria’s petrol import bill has seen a significant decline, dropping by over ₦2 trillion in the first quarter of 2025, a development attributed to an increase in domestic refining capacity. According to data from the National Bureau of Statistics (NBS), the country spent ₦1.76 trillion on petrol imports between January and March
